摘要:In the context of the new round of reform of China’s state-owned enterprises, the modernization of governance system and governance capabilities has put forward new requirements for Chinese central enterprises to exercise shareholders’ rights, which not only means value reconstruction, business restructuring and process reengineering, but also requires central enterprises to make positive responses in terms of corporate governance, group management and control, and shareholder exercise. This study effectively integrates corporate governance and group management and control, constructs a modern legal system for shareholder exercise, and provides useful legal guarantee and reference for central enterprises to exercise shareholders’ rights.